2, CHANTRY CLOSE, FAVERDALE, DARLINGTON, DL3 0BG - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHANTRY CLOSE is a very small semi-detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £189,521. It was last sold for £140,000 in February 2016, which was around 11% above the average February 2016 semi-detached price in the Darlington local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

2 CHANTRY CLOSE Sold Prices

Land registry data shows six sales for 2 CHANTRY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Darlington local authority area for the corresponding sale date. All of the six 2 CHANTRY CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 12 FEB	£140,000	£125,582	11% above HPI
2012 23 NOV	£127,500	£115,718	10% above HPI
2010 9 APR	£130,000	£126,261	3% above HPI
2006 13 OCT	£137,000	£130,592	5% above HPI
2001 20 AUG	£68,000	£57,727	18% above HPI
1997 21 NOV	£59,950	£47,095	27% above HPI

2 CHANTRY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Darlington local authority area over time, sourced from the HPI. The six 2 CHANTRY CLOSE sales between November 1997 and February 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 CHANTRY CLOSE be worth now?

2 CHANTRY CLOSE might now be worth an estimated £189,521.

This is based on house price inflation of 35.4%, between February 2016 and February 2025, for semi-detached houses, in the Darlington local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for 2 CHANTRY CLOSE of £140,000 on 12th February 2016. For the value to have increased from £140,000 to £189,521 over the nine years to February 2025, the following assumptions must hold true:

• The value of 2 CHANTRY CLOSE has moved in line with the HPI for semi-detached houses in the Darlington local authority area.
• The February 2016 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHANTRY CLOSE has not materially changed since February 2016.

How Large is 2 CHANTRY CLOSE?

2 CHANTRY CLOSE is 73m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of semi-detached houses houses in Darlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Darlington, and where 2 CHANTRY CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 2 CHANTRY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Darlington.

2 CHANTRY CLOSE: Plot and Title Map

2 CHANTRY CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 CHANTRY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 CHANTRY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 CHANTRY CLOSE?

2 CHANTRY CLOSE is located in FAVERDALE, in the DL3 postcode district. The below map shows the position of No. 2 on CHANTRY CLOSE.